Global

In September, it was announced that China has joined Kazakhstan, Azerbaijan, and Georgia as a partner in the Middle Corridor Initiative, with the China Railway Container Transport Corporation (CRTC) participating in the project. The decision followed extended talks over several months and was confirmed during the 8th International Silk Road Expo, held in Xi’an from September 19-20, 2024. This announcement comes amid the growing significance of the Middle Corridor, also known as the Trans-Caspian International Transport Route (TITR), as a crucial trade link between China and Europe, passing through several Central Asian and South Caucasian countries. The Middle Corridor Multimodal joint venture, established in 2023, offers a “one-stop-shop” service for cargo delivery along this route, aiming to enhance transport coordination, provide transparent tariffs, and ensure consistent delivery times.

The US Helsinki Commission on Tuesday (1 October) published an analysis of Russia's political and economic agenda. The document addresses, among other things, various developments in the South Caucasus. The region is experiencing various political shifts as Russia's material influence wanes due to its focus on its war with Ukraine. On the one hand. Armenia was once one of Russia's strongest allies. However, following the Nagorno Karabakh war in 2020, Armenia has moved away from Moscow and more towards a Western agenda. On the other hand, Azerbaijan has adopted a cooperative approach with Russia, especially given the similarities between the two countries' strong governmental grip.